The Houma courier. (Houma, La.) 1878-1939, 1887-02-05
NOTICE.
Amendment or alteration of Ar,
Ifelc s Of the Charter. of Ghe
Cooperation, known MS the
Lower TePrPbOnne Su-
gar Refinery

The Corporate powers of this Cor,
pOratiOn shall be vested II, and ex,
ercised by n Board of Directors, com.
posed of ~ eight Stock holders, each
Of whom shall own in his own name,
or that of Il firm whereof he may be
member, at least ten shares of the
| Capital stock Of said Corporation.
Said directors shall be- elected a.
follows The first election having
taken place prior to the execution q
these presents tO-wit: on February
18th, 1888, in which the OriginatOrs d
this corporation participated, and the
following named parties having been
elected tO-wit: Messrs. Francois
EIguerie, j. Al. Sanders, JnO. r. Bis.
land, Dupont & Fields, V. Buron
Paul Faisans. II. NeuvilIs Fields, and
d. r. Calder; all of this parish and
State, and appear i'll this at Of incor-
pOratiOn, said patiCs are hereby dc
clared to constitute the present Board
of Directors, Mr.. Francois Viguerie as
President. and Mr.. James u. Sanders
us Vice President thereof, to hold of
flee until their successors are duly
elected as hereinafter provided.
The next or second election Of said
Board of Directors shall he on the
second y e4aE- Fe1FSaF@ 'ytwe
The President or Vice President or
in the absence or sickness OF either or
both ; the President of either OF both -;
the President pro tCmpore Shall cause
thirty days pre- yiOus notice Of each
election to be given in a newspaper
published in said parish of TcrrebOnne
and a copy duly marked to be sent to
each, and every stock holder of said
Refinery; and in event no newspaper
is published in said parish, such notice
Of election shall be sent either " rItten
or printed.
All elections shall be held at the
dOmlcile Of SAID corporation, and each
and every stock holder, shall be enti-
tied ut said elections, either in person
or by proxy, to one vote on each and
every share of stock except such ~
has been transferred to him within 30
days previous to the date OF said cleo
tlOnS ; and those persons receiving q
majority of votes cast, shall he declared
elected: which said Board of Directors
shall at their first meeting after such
regular election, choose or elect from
their own members Il President, h
Vice-President, and a Treasurer, who
shall execute a bond with good secu-
rity in such amount us the said Board
Of Directors may fix, and who must
cOuntersign all checks, Drafts, notes
or any other evidence ofdebt given by
said cooperation, and without which
none shall, or will b6 legal or bind
ing-prOvided moreover at meetings
Of said Board of Directors no business
can he transacted, uulcsS IL majority
OF the Board be present, and no proxy
shall be used in said Board of Direc-
tors ; moreover they, the President
Nice-PIesident and Treasurer shall
hold office tor two years, provided they
he no depOSed furgOUd cause, in which
event all stock holders must be mott
tied thereof and the vacancy be filled
pro trmpOre, or until the next regular,
election.
The said Board Of Directors shall,
or appoint such officers, clerks
and employees of said corporation, as
may be necessary, fix their pay OF
salaries and only Such rs are endorsed
10y a majority of said hOurd shall DO
recognized, aud they shall give such
security as the Board shall fix.
The said Board of Directors shall
have power to make and adopt such
Bylaws, Rules snd Regulations as
deem necessary for tho govern
nent and best interests of said corpOI-
llion, and alter OF amend same as
may think proper.
nrt-Q-6t